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PCD, IED AND IS IED

IED means the Industrial Engineering Division. The main function of IED is that the customer handling. At first when a party/customer (personnel/government/non-government institute/factory) needs to make a job, it comes to BITAC and meets with IED section. Sometimes all operations of the job can not be performed in BITAC. In that case, a quotation form is given to the party and that operation is performed from any outer shop. Then IED estimates approximate cost of the job or product according to the drawing or sample and number of products.                                                     The total cost consists of material cost, casting cost (if necessary), matching cost (depreciation cost, electricity bill, salary of the workers), overhead cost (25% of total cost and it ultimately goes to Bangladesh Bank), emergency cost (if necessary, generally 10% of the total cost), packing cost (if necessary) and transport cost (if necessary).